Key drivers in the global automotive battery industry include the increasing R&D investment by the manufacturers

The Global Automotive Battery market to grow at a CAGR of 6.9 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing R&D investment by the manufacturers. The Global Automotive Battery market has also been witnessing the increase in fuel cell vehicles. However, the slow acceptance of electric vehicles could pose a challenge to the growth of this market.

Fuel cell technology is expected to create a revolutionary change in the Global Automotive market due to the output efficiency and the reduction in the pollution caused by these cells. Fuel cells are constructed by harmless products such as hydrogen and oxygen to produce the required power. As the working principle of this cell

is similar to the existing automotive battery technology, adaptation of this technology by the manufacturers will be an easy task. Also, the quality of output produced by this technology is expected to have a high impact on the Global Automotive Batteries market.

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.comâs online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Disclaimer:
If you have any questions regarding information in these press releases please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims contents contained in this release.